Search News

Results: 51-60 of 1048


Start again

20 Nov 2023

A focus on independent stores and ‘browse-only’ shops can help to reverse the fortunes of the struggling high street, new research shows.

15 Nov 2023

The British Independent Retailers Association (BIRA), which works with over 6,000 independent businesses of all sizes across the UK, has outlined its expectations from the government...

9 Nov 2023

Cytech has been named as the provider of Best Retailer Services in the 2023 BikeBiz Awards, recognising the positive impact of its service to the cycling industry. More than 25,000 Cytech...

7 Nov 2023

New survey data from Deloitte has shown a seven percentage-point rise in the number of UK consumers - from 19% in 2022 to 26% in 2023 - who intend to spend more in the last three months of 2023,...

7 Nov 2023

Communities across Cornwall can now apply for grants of up to £100,000 to improve High Streets, the council has said.

6 Nov 2023

A Christmas campaign encouraging Warwickshire’s independent town businesses to shout about why shoppers should buy from them this year is making a comeback.

6 Nov 2023

With just over six weeks until Christmas, The Times has named what it says are the seven prettiest towns in the UK for Christmas shopping, making special mention of the presence of independent...

2 Nov 2023

Cytech, the internationally recognised training and accreditation scheme for bicycle technicians, has relaunched its Cytech theory one online learning course delivering an introduction to...

23 Oct 2023

Cardmitment campaign launched to remind people of the power of sending greetings cards

23 Oct 2023

The International Longevity Centre has released new guides to show the steps retailers need to take to make their shops more accessible for the elderly.

Back to news menu

US bike dealers in decline, but average revenue climbs

Posted on in Cycles News

The number of U.S. independent bicycle retailers declined 2.6 percent between 2015 and 2016, according to a new report from the National Bicycle Dealers Association (NBDA).

However, the NBDA's 2017 Speciality Bicycle Retail Study shows that during the same period the average store gross revenue rose, up 17% from $916,000 to $1,068,000.

Accessories DisplayThe study estimates there were 3,700 IBDs in the U.S. at the end of last year, down about 90 stores from 12 months earlier, and down about 550 stores from 2010.

The new report also found more shops focusing on service and maintenance, and growth in the number of stores focusing on urban, used, and electric bikes. However, 83% of respondents still said they focus on being a family bike store.

The study was conducted by the Gluskin Townley Group for the NBDA in the first quarter this year. A random sample of approximately 1,500 specialty bicycle retailers were invited to participate, and the study is based on 332 usable surveys. The 250-page PDF report is available from the NBDA for $429 for non-members or $149 for members.

"We are happy to be bringing this report at this time of disruption in the retail channel of the bicycle industry," said Todd Grant, the president of the NBDA. "With a larger response rate than previous reports, and new questions that probe into areas like employee compensation, this report is one of many tools that the industry as a whole should be reviewing as decisions are being made that impact the independent dealer network."

The study delves into store location and size, product category mix, brands carried, marketing, technology and challenges in business. Business confidence questions cover such areas as supplier relations, protected market areas, mass merchants, mail order, employee issues (including wages), and competition from the internet and mail order.

Download a free copy of the table of contents or purchase they study.

Back to news menu

Useful links

If you have any other queries please contact us.